HID Global, the trusted identity solutions specialist, has acquired Crossmatch, a leader in the field of biometric identity management and secure authentication solutions, from Francisco Partners. Crossmatch’s portfolio of products includes biometric identity management hardware and software that complement HID’s broad portfolio of trusted identity products and services. The move makes HID Global one of the world’s major providers of fingerprint biometric technologies.
“Our acquisition of Crossmatch strengthens HID Global’s ability to offer innovative biometric identity solutions to hundreds of millions of users worldwide,” said Stefan Widing, president and CEO of HID Global. “Adding Crossmatch to our company will extend HID’s market leadership in the trusted identity space and allow us to fulfil the promise of biometrics in critical identity applications.”
Founded back in 1996 and based in Palm Beach Gardens, Florida, Crossmatch employs over 270 professionals across a global network of development hubs and strategic sales offices. With the acquisition, HID Global gains industry-leading biometric identity management solutions for civil Government, defence and commercial applications, as well as a secure multi-factor authentication software solution.
Crossmatch’s public sector biometrics business enhances HID’s reach into immigration and border control, law enforcement and the military and defence sector markets with products and solutions that include criminal booking, rapid mobile identification, background checks, security clearance processing, military base access, counter-terrorism and mobile intelligence gathering as well as visa processing and citizen services.
Multiple vertical markets
The Crossmatch commercial biometrics business extends HID’s portfolio to include a broad array of single finger readers, modules, sensors and software developer kits for multiple vertical markets including retail, the financial sector, healthcare and OEM markets. This is a global business supporting a large volume of integrated partners. Crossmatch is also a leading provider of single fingerprint sensors to Point of Sale (PoS) terminal manufacturers and is integrated with the major PoS software applications.
HID also gains a unique secure authentication solution, DigitalPersona, that goes beyond the traditional multi-factor approach to cyber security. DigitalPersona adds an array of risk-based factors (including behavioural biometrics) for secure and frictionless access to Windows and cloud, web, mobile and traditional applications.
“I’m very pleased that Crossmatch is joining the HID family,” said Richard Agostinelli, CEO of Crossmatch. “Countering today’s advanced security threats requires innovative and comprehensive identity management solutions incorporating both biometric and non-biometric components. Our market-leading biometric identity management solutions and unique composite authentication solution perfectly complement HID’s already robust offerings. This will enable us to provide our global customers with an even broader range of trusted identity solutions and our employees with increased opportunity for professional growth.”